CB

Changing Biotech

Changing Biotech is a biotech company in China. It has raised $22.0M across 1 round, most recently a $22.0M Series A in July 2022.

Business Model
B2B
Total Funding
$22.0M
Last Round
$22.0M Series AJul 2022
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

Changing Biotech is a Chinese food technology company that ferments proteins from microbes to produce high-protein, high-fiber, low-fat, zero-carb ingredients for dairy and food alternatives. The company's first product is a single-cell protein derived from a fungi strain approved in China as an edible microorganism, produced at a five-ton fermentation facility, with applications including milk, yogurt, chocolate, cookies, and snack puffs. Founded by bio-industry entrepreneur Bin Luo, the company raised a $22M Series A in 2022 led by Bits x Bites, with participation from Eight Roads Ventures, Sherpa Healthcare Partners, and Hillhouse.

Summary

It has raised $22.0M in total across 1 round, most recently a $22.0M Series A round in Jul 2022. Investors include Bits x Bites.

Funding History

Data from Indexed.vcUpdated
Series ASeries AJul 2022
$22.0M

Investors

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